PoW is literally the process of turning non-scarce non-owna…

Twetch ·

PoW is literally the process of turning non-scarce non-ownable good into a scarce, ownable good.

That's why it's so great.

It's an enhancement where patents are a suffocation.

https://twetch.app/t/1241fb585afe565909505e65167885cfd1d11aa901ac41bb97c59eb239ece612

Replies

Twetch ·

PoW is a digital simulation of a human mind creating a unique mathematical thought and then testing it against the desired hash of the network. If the guess is economically correct, it is exchanged and rewarded with bitcoins which buy the IP of that miner.